Laserfiche WebLink
recommended to be carried forward to FY 2016/17 as presented Table 3B The Library <br /> Roof Replacement Project is the most significant project with a balance of <br /> approximately $340,000 <br /> Staff is recommending that Council approve budget carryovers to FY 2016/17 totaling <br /> $12 5 million and budget adjustments totaling $1 5 million as shown in Tables 3A and <br /> 3B, respectively The $1 5 million is part of the $4 4 million General Fund FY 2015/16 <br /> operating surplus that staff proposed to allocate to the CIP reserves to be allocated to <br /> future capital projects <br /> Table 3A - Miscellaneous COP Funds Adjusted Budget to Actual Revenues, Transfers & <br /> Expenditures/Reserves <br /> Recommended <br /> Year-End <br /> Amended Budget Adjusted , $ % <br /> Misc CIP Funds Budget Amendments Budget Actual Variance Variance <br /> Beginning Fund Balance $ 13,036,804 $ 13,036,804 $ 13,036,804 <br /> Revenues 1,761,215 1,761,215 995,881 $ (765,334) -43 5% <br /> Transfers In/(Out) 3,915,947 1,500,000 5,415,947 5,347,534 (68,413) -1 3% <br /> Expenditures 12,960,101 $ 1,500,000 14,460,101 1,976,792 (12,483,309) -86 3% <br /> Ending Fund Balance $ 5,753,865 $ - $ 5,753,865 $ 17,403,427 $11,649,562 <br /> 1 <br /> Page 5 of 10 <br />